MetaStock is the most well-known software for technical traders. The MetaStock software integrates many tools (e.g. Expert Advisor, Indicator Builder, The Explorer). Tons of indicators are also enclosed with MetaStock to allow traders to pick ones that they are masterful. Besides the given indicators, MetaStock permits traders to develop their own indicators as well.
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Posts Tagged ‘MetaStock’
The Best Metastock Indicator
Tips For Designing a Trading System in MetaStock
I have written many MetaStock related articles. In those articles I guided you on how to use MetaStock in your trading and also provided some explanations on how to design your own trading system and apply others’ trading system into MetaStock as well.
Here in this article, I would like to talk about some tips for [...]
MetaStock Formula for Turtle Trading System
Turtle trading is a most famous trading system; I wrote a series of articles to provide the basic concepts of turtle trading system. In this article, I will give you a few examples on how to apply the turtle systems in your trading by using MetaStock.
One of the most commonly used tools for MetaStock [...]
MetaStock Tutorial 6 : More on MetaStock Explorations Formula
To build a MetaStock Exploration, traders are able to use built-in functions in MetaStock. Over 190 MetaStock functions can be listed for traders, the selected function can be inserted directly into the exploration.
MetaStock Tutorial 5 : Writing Formula for MetaStock Explorations
In addition to searching stocks by using the existing MetaStock Explorarations, traders can also build their own Explorations by writing MetaStock Formula.
Let’s suppose that traders want to find all stocks that their 3 days moving average has just crossed above their 10 days moving average. Traders might build the MetaStock Explorations as the following steps.
MetaStock Tutorial 4 : Searching stocks by using MetaStock Explorations
The Explorer is a tool provided by MetaStock Software. It allows traders to search for all stocks which meeting particular criteria. For example, traders can generate a list of all stocks that their 3 days moving average has just crossed above their 10 days moving average.
How to Design A MetaStock Trading System?
Before designing and developing a successful trading system, traders must understand the base theory of Efficient Market Hypothesis (EMH). The current market price of traded assets (e.g., stocks, bonds, or property) already reflect all fundamental and economic influences and known information.
Posted in MetaStock Tutorial, Trading System
Tags: MetaStock, MetaStock Trading System, Trading System
3 Comments »MetaStock Tutorial 3 : Creating and Using A Layout
A layout in MetaStock is a way of displaying a selected number of charts, with attached indicators, in a single screen.
The layout can be saved then the same combination of charts can be opened again just by selecting the desired layout.
The layout advantage is that stocks can be selected from multiple directories and displayed on [...]
MetaStock Tutorial 2 : Creating and Applying Chart Template
In MetaStock, there are some ready-to-use templates available but traders might like to create a new template with a particular style and display combination of indicators to apply to others stock charts.
To create a new template just follow the steps in Changing the Default MetaStock Chart Template Tutorial except the last step which is Save [...]
MetaStock Tutorial 1 : Changing the Default Chart Template
Normally, when traders open a stock chart in MetaStock by using File menu. The stock chart will be displayed in the default template.
Traders are able to arrange chart features as they want.

